My family was in a tenant in common situation at the cousins level now. We had a cousin sell his 1/8 interest to a firm that is a licensed real estate brokerage firm but also bills itself as a developer.The local boa...
Hello,New to BP but have been lurking for the past several months. I am curious to know how many physician real estate investors are on the forum and if they can offer up their specific experience of getting into real...
There are so many new operators in the STR field now, and the questions about certain things are mind-boggling. STR is a hospitality business first, and a for-profit business second (if you want to succeed). Your gues...
Hi all,This post is to introduce myself and get involved with the BP community. My wife and I are NC residents near Durham and are finally ready to invest in real estate. We have owned 3 primary residences and sold 2 ...
Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
Hello,
So, the inspection report came back with multiple hazardous flags that needs to be addressed , but the most one that it is expensive (25k cost) is the" knob and tube issues "of the electrical stuff. Its old ho...